Tether (USDT)
Venezuela Boosts Cryptocurrency Use in Oil Trades Amid Sanctions
PDVSA now requires digital wallets for oil trades to avoid U.S. banking sanctions. Amid sanctions, PDVSA transitions oil sales to the USDT cryptocurrency to maintain…
Tether Makes Waves on TON Network with Seamless Payments Guaranteed
Tether's rapid expansion onto the TON network signifies enhanced accessibility and diversification for cryptocurrency users. Integration enables Telegram users to conduct fee-free cross-border payments as…
Tether’s Expands Into 4 Divisions Looking Beyond Stablecoins
Tether reorganizes to expand beyond its stablecoin, creating four divisions: Data, Finance, Power, and Edu. Tether Data focuses on AI and peer-to-peer platforms. Tether Finance…
Tether Earns $6.2B in 2023, Competes With Traditional Financial Firms
Bitwise President believes Tether performed impressively in 2023. The stablecoin company generated $6.2 billion in net income in 2023. Tether’s net income is 78% of…
Whale Alert Spots Significant Transactions Involving Tether Treasury
Whale Alert has spotted a significant transaction at the Tether Treasury. According to Paolo Ardoino, the recently minted assets represent an inventory replenishment on the…
USDT Launch on Celo Triggers a Stellar 41.1% CELO Price Surge
CELO surges 41.1% in 24 hours, showing strong investor confidence and bullish momentum. The recent surge could be linked to its joint effort with Tether…
Will The New $2B USDT Injection Influence More Market Momentum?
Tether injected $2 billion USDT into the crypto market within 24 hours. The development has sparked significant interest from community members. An analyst argues altcoins…
Bitcoin on Verge of All-Time High as Tether Mints 1B USDT
USDT issuer Tether recently minted stablecoins valued at over $1 billion. Tether CEO said the minted tokens replenished the USDT inventory on the Tron Network.…
JPMorgan Says Stricter KYC/AML Rules Could Cripple USDT Dominance
JPMorgan's report raises concerns over USDT's reliance on the American market. It argued that U.S. regulators, through OFAC, could influence Tether's offshore operations. It stated…
Tether’s $2.85B Profit in Q4 2023 Matches 10% of JP Morgan’s Gains
According to Ryan Selkis, Messari CEO, Tether’s net profit has risen to 10% of JP Morgan’s. Tether’s CEO, Paolo Ardoino, reported that the company made…
